PRA Group
PRAA
262 hedge funds and large institutions have $3.19B invested in PRA Group in 2013 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 99 increasing their positions, 102 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
23% more capital invested
Capital invested by funds: $2.6B → $3.19B (+$589M)
4% more funds holding
Funds holding: 253 → 262 (+9)
3% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 102
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
43% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $23.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
+$18.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$15.9M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$14.8M |
| 5 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.4M |
| 2 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
-$34.8M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$14.3M |
| 4 |
Bank of New York Mellon
New York
|
-$11.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$11M |
PRAA Hedge Fund Activity: Q3 2013 in Review
262 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PRA Group (PRAA) for Q3 2013, worth a combined $3.19B — up 23% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PRAA positions and 27 closed out — a net gain of 12 holders — while 99 added to existing stakes and 102 trimmed.
The largest buyer was Zevenbergen Capital Investments, adding an estimated $18.9M. The largest seller was Fidelity Investments, cutting an estimated $49.4M.
- 262 institutional investors held PRA Group (PRAA) as of Q3 2013, up from 253 in Q2 2013.
- Funds reported $3.19B of PRA Group stock for Q3 2013, up 23% quarter-over-quarter.
- 39 funds opened new PRA Group positions in Q3 2013 and 27 closed out, a net change of +12 holders.
- The largest PRA Group buyer in Q3 2013 was Zevenbergen Capital Investments, an estimated $18.9M added.
- The largest PRA Group seller in Q3 2013 was Fidelity Investments, an estimated $49.4M sold.
Based on aggregated 13F filings for Q3 2013.